The most closely comparable operational activities include The phrase "long-term asset" refers to anything that will last a long time. Current assets and current liabilities are assets and obligations that are now in existence. responsibilities for the long term and shareholders' equity the payment of dividends and the purchase of treasury stock

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The most closely comparable operational activities include

The phrase "long-term asset" refers to anything that will last a long time.
Current assets and current liabilities are assets and obligations that are now in existence.
responsibilities for the long term and shareholders' equity
the payment of dividends and the purchase of treasury stock

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